Round 2 coming up! :)

aik got kayceeloh also ar? LOL

His state of mind already foretold by people in the earlier thread i posted. lying bonkers! LOL

since he is so good catching everyone as liars, ask him about his case in no-buying-but-claim-made-profit Inari and I-won't-sell-til-RM10 Hibiscus!

on 27th he made 4 rounds profit, yesterday trade also still made 4 rounds! semo pun boleh dia cakap, this man of peace lembu LOL

ok la, i better go again, if not he will sulk. leave it to my old friend optimus yoyo and mmmm LOL

aiyo, deleted post again! LOL

research more first and ask, LOL

if you did promotion continuously of skpetro at 3.50 and 3.20 as alleged by aiyoyo, can i safely assume you never sold and trade yourself out of trouble despite lying you took 4 rounds profit? LOL

now where is the 3.09 wont go further down post ar? LOL

wow flags coming thick and fast again! LOL

following me but never see me trade my way out of trouble ar, mata sepit lembu! LOL

haha... did i recommend to you? i bought for my own and got out thru trading a few rounds! 2012 records ar? LOL

his average is 3.60 right? dunno next week the margin will come true or not! LOL

i got to admit and bow down to the RM1 margin master fortunelembuz! he never lied this particular case! LOL

ok lah self-proclaimed lembu gila fan, i think you won't come out again if i am here! bye! LOL

sad thing is using his son's education funds to invest! that's why have to do promotion after buying. he doesn't care who he takes down with him with his useless chart reading!

sad lembu! LOL

LOL...

4 rounds konon! went bonkers already shows you true results of this senior cheerleader! HAHAHAHAHAHAHA

if you guys keep at it, later my fortunelembu will start crying. got precedent already! LOL

http://klse.i3investor.com/servlets/forum/900425072.jsp

as for his four rounds, you can just ignore. had he made four rounds, he would have trumpet it endlessly! but unfortunely, facts is not available and deleted postings aplenty! LOL

pass me some, Jester! :)

Ok Calvin, i misread. was following this stock previously, until i saw litigations coming in! may have a relook

how did you get wisma MPL worth 1.15b?

--------------------------

Monday, December 16, 2013
MP Corp - intention to divest Wisma MPL

Debt laden MP Corp had revealed its intention to divest its core revenue generating asset … Wisma MPL.

Should it manage to find a buyer at the price of rm320 million cash, it would instantly be on a net cash position.

In March 2013, the company had a declaration of default in the repayment of principal sums and interest in its revolving credit and bank overdraft facilities amounting to rm25.7 million and rm61.4 million respectively. It also owes its creditor Amanah Raya Development Sdn Bhd rm119.4 million as at end of its reporting period.

Sale proceeds of over rm300 million would be more than enough to settle the company’s debts of about rm206.5 million. However, the reality may be different for MP Corp. Property valuers did not value the commercial property at such a high price. It is estimated that the property to be worth rm300 million to rm310 million at most. At most conservatively, it is slightly more than rm200 million.

It is worth noting that MP Corp wholly owns the 19 level office tower and three levels of car park, but it only partially owns 75372 sq ft of the building’s retail podium at level 4, with the remaining 66045 sq ft owned by private individuals.

Taking into this account of complications and need refurbishment, prospective buyers may demand a lower price. Furthermore, the commercial block does not offer good rental yields based on an investment of rm320 million.

For its financial year ended June 30 2013, 89% of the group’s revenue was derived from rental income from Wisma MPL and property management services.

Based on rental income calculation of rm12.8 million minus expenses of rm6.6 million, its net rental income is estimated to be rm6.2 million which translates into a net yield of barely 2% - a return that us much lower than the fixed deposit rates in the banks.

Wisma MPL is the main income generator asset, but it is not the company’s only asset. MP Corp owns a parcel of land in southern Johor, near Iskandar Malaysia.

However, its creditor Amanah Raya Development filed a writ summons for an injunction against the company, prohibiting the company from selling certain parcel of land in Johor or entering into any transaction resulting in the disposal or transfer of ownership of certain parcels of land in Johor.

As at June 30 2013, MP Corp’s current liabilities exceeded its current assets by rm224.01 million. These conditions indicate the existence of material uncertainties, which may cast significant doubt about the ability of the company to continue as going concerns.

MP Corp currently (Nov 2013) is solely dependent on the rental income derived on the rental income derived from Wisma MPL and by selling the property it would have lost its recurring income source, although it is able to make profit even after paying off its debts.

Or jealous? LOL

And the lembu disappears! Farmer Joe must be milking today. LOL

yup, shaking leg, swatting flies and price going upwards!

To be honest,I was expecting 3 sens after the May media interview with the ED. And was hoping they go put with a bang for FY end with EPS around 20 sens. Still around 16+ sens. Lower construction activities to be blamed.

Best shake leg company in bursa. Sit down waiting rozali to give cable catalysts whilst earning 4-5 sens quarterly because of maintenance concession next 20 years. NTA is telling now. Rozali can come in after getting rid of his water concession. Clever selangor umno tycoon treasurer. Expect them to increase admin costs to siphon money out later for war chest.

Not forgetting that there are dividend payout every 4th quarter :)

the problem is malaysia is quota restricted. but not Vietnam and Indonesia which the management searched for better market abroad! and looking at the way they go, it looks like they really have researched their market well. I believe you are right in that Myanmar is also a good market and in need of FDIs. MFlour should do well there if they managed to secure the land!

and thanks for the good write up. :)

pokclark, you can research that they are venturing to Myanmar currently. They are looking for some Japanese FTZ (processing) so as to negate the electricity cost! I have a feeling last quarter's earning was without dividend because they are starting to venture there with some capital outlay.

if they decide to operate in the same manner as they did with indonesia, a special dividend may possibly be at hand! looking at the price climb currently, i believe good earning report coming out

Lembu massacred. Raya haji extended! Steak anyone?

"We believe the growth in Indonesia should catch up soon as we will see additional 3 million tonne demand in the next five years," Teh added.

Market boom-burst cycle aside, misappropriation of price to value is so glaring!

Still not even close to fair value yet :)

Never visited friends for a while now. Hey bones, how you academy doing mate? :)

may see a major reversal today
Oct 9, 2014 09:57 AM | Report Abuse
Posted by Prosperity2888 > Oct 9, 2014 07:11 AM | Report Abuse

Good morning bro optimus.... thank you so much for the sharing and asking people to be calm, not to sell.....
All the sifus may come out today but you are the HERO!!!!
Good Luck with today's trading (hehe no need luck, stock will be flying today) and may god bless you.....

prosperity2888, thanks so much for your courage to write to me, many wont dare afraid of offending the masses.
few hundreds counters up! i said it!

______________________________________________________________

HAHAHAHAHA......

worst day for dow since feb 2014 Posted by optimusx8888 at Oct 10, 2014 03:21 AM | Report Abuse

oil price sink to more than 2 yrs low.

what is all these pointing too?

bbbbbebbbbbbbeeeebbbbbbbeeeeebbbbbbbbeeeaaaaaaaaarrrrrrrrrrrr???????

LoL. Summore want to give advise and lousy comments in Alex Lu's blogsite! Sanitized like some ebola virus or communist germ! HAHAHAHAHAHAHA

DJ green again, so you bullish again, botak optimus? Hahahaha

Your TA analyses, like Alex Lu said before, best to sanitized! My favorite keyword! LoL

Botak, shaky ar? posting til 4 in the morning! sure die early like this! over-invested is it? LOL

US is killing oil price la, they want to punish Russia! if you dunno anything, i suggest you just continue sending laptops to vincent at subang airport la. your only skill is there, tan chee bai! hahahahahahahahahahaha

Haha the one flagging, don't forget engtex thread too! Incompetent! LoL

Stock: [MFLOUR]: MALAYAN FLOUR MILLS BHD
Jul 10, 2014 04:30 PM | Report Abuse
congrats to those holding! next quarters earning will see this share officially back to "undervalued" after taking TTM into consideration.
those following trend, can sell. Those who have no other alternative undervalued stock to buy, keep it! it will be undervalued again TTM by next announcement, unless the climb reaches 1.88 within this week! :)

it went on a frenzy climb hitting 2.20 (52-week high shows 2.18) at one stage if not mistaken. well overbought and suddenly hit back to 1.85 last friday.

nothing wrong with the latest report. with currently low wheat price, takes a brave man to buy more at the present stage. :) I guess first support is at 1,85 and subsequent one at 1.79 may be tested before it resumes new uptrend.

very good HJey

Make story just need a little bit of brains eh, botak? LoL

Post removed.Why?

yfchong, you got in?

climb baby, climb

aik, going up ka? LOL

where the flaggard king? LOL

hmmm i received nothing from you passerby. lkc121@gmail.com

Alright

Leave me your email, passerby. I will give you links to thai stocks in english

And with that, I am back to my readings. Lets the little kids rejoice that their flagging works, or so they think! LoL

Head to Thailand bro, it will pick up if headwinds doesn't appear by year end as I expect

Passerby bro, still in Singapore shares? :)

I wonder what they gonna say to the admins, that they are ballless to challenge what I say by flagging? Hahahahaha